David B.
“Live In” Flip Advice!!
14 January 2025 | 10 replies
This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.
Griffin Brenseke
Sell or hold an investment property (4.75% rate)
13 January 2025 | 7 replies
On the other hand, if you’re financially secure, the low-rate loan and potential appreciation make holding more attractive.
Jenna Schulze
Best city to begin investing
8 January 2025 | 34 replies
Trust me, I have been there.I suggest you try to House hack in cities that you are already familiar with and have some connection with.Hire a great investor agent in that market and ask them all your questions and concerns.That I believe is the best way to get personalized advice tailored to your goals and lifestyle.You giving out Cleeveland and Toledo on your post will only attract biased opinions and advise.Only you know what you truly like, want, and can deal with.As Nicolas said, read this post and comments and hope that gives you a new perspective. https://www.biggerpockets.com/forums/12/topics/1215726-break...https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1137397-balti...Goodluck and keep us posted.
Sunny Wu
Tenant wants to break lease 8 months early
6 January 2025 | 6 replies
Highlighting features like “walking distance to top-rated schools” helped me attract renters even during slower months.Negotiate SmartlyWhile sticking to your legal rights is important, a pragmatic approach could save time and hassle.
Adam Ortiz
Buying my first investment property out of state?
28 December 2024 | 8 replies
It's more important to own investment income producing property that generates at least 10% annual ROI than it is to own where you live.
Mordy Chaimovitz
Crazy prices on 2 and 3 flat buildings in chicago
13 January 2025 | 11 replies
Many of which are savvy BP type clients who are doing updates/raising rents and then the buildings do cashflow positive even with lower down payments which produce amazing returns (at 3.5-5% down you get close to a 50%+ return a year just off mortgage paydown).
Kerry Hermann
New to the Northern Alabama market
18 January 2025 | 11 replies
The area has attracted a lot of new young professionals with their work from home marketing that gives $10,000 to qualified families to help them establish themselves in the area.
Mitch M.
What happens to a solar lease in California AFTER Foreclosure?
26 December 2024 | 2 replies
The property had a first mortgage, as well as a second mortgage, both from the same purchase money lender.After receiving the trustee’s deed and recording it, I discovered two “Independent Solar Energy Producer Contracts” recorded against the home.
Troy Parker
Renting your first rental to a friend
15 January 2025 | 10 replies
All Landlords risk tenants damaging the home, but a NICE home attracts NICE tenants so the fact that you've made the home very NICE means you should be able to take your pick of applicants.
Robin Cloud
Three Applications...who to choose??
27 December 2024 | 13 replies
The higher credit is attractive, but what if the couple's income is 3.2x the monthly rent and the single woman makes 6x the rent?